Impacting the Moon with ballistic projectiles to study its surface characteristics through debris plume sounds fantastic to me, especially with the success of previous such missions (or better said their ending) in mind, like for example impacting SELENE spacecraft on the lunar surface near the crater Gill, LCROSS observing Centaur upper stage (and data collecting Shepherding Spacecraft) striking the crater Cabeus, GRAIL Twins impacting between Philolaus and Mouchez, and so on. There are also planned impacts of other spacecraft, LADEE to name one.

But these are all spacecraft, and they weren't really designed to withstand impact forces and penetrate deep into the Lunar regolith, ejecting deeper materials we could then study with orbiting and ground based observatories. So having a mission with actual ballistic projectiles specifically designed to penetrate as deep and with as much force as possible is a whole new ball game. Meet the MoonLITE project:

Render of MoonLITE spacecraft with four penetrators that would be deployed to near side, far side and both poles of the Moon.

So, did they fund it and is the MoonLITE project still on? Has the 12 month long Phase A study from 2008 concluded favorably, giving the project a green light and it will indeed be carried out in 2014? What stage is the project in and when exactly will it be launched, onboard which rocket, from where and when can we expect any science done by it?